NOT LISTED FOR SALE

39 N Newton Place Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $533,000 - $823,000

-- Bed
-- Bath
3,432 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $440,000 $128 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,409/month

185 Days on Market

About This Home

As of January 2023

Unique bay front view duplex on a lovely street in Atlantic City's Chelsea area, in the Chelsea and Stockton University area. Surrounded by upgraded single family homes, close to the beach, and direct waterfront views, this is a special property. Truly one-of-a-kind! Bay views from the second unit duplex with a bonus in-law suite. Perfect for a summer resident, end user, investor, or Stockton students. The property can use a little TLC. The highest and best use would be to combine the third and fourth floors into one large four bedroom plus unit, and rent out the two bedroom apartment on the main living floor. Also perfect for a condo conversion. Driveway, parking, storage, dry basement, plenty of clever opportunities.

Last Agent to Sell the Property

Eric Millstein

Soleil Sotheby's International Realty - A Listed on: 05/26/2022

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Julie Cicali

REAL-MARGATE

REAL-MARGATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,106

Lot Details

  • Lot Dimensions are 40x62.5
  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Garage

Property Views

  • Bay Views

Home Design

  • Duplex
  • Stucco

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,106

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 05/26/2022
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Outside Features: Bay View, Sidewalks
  • Siding Exterior: Stucco
  • Storm Screens: Combination

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front
  • Lot Dimensions: 40x62.5

Rental Info

  • Rental Information: 100 Percent Occupancy, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jan 13, 2023
Sold by
Schloesser Eric and Schloesser Regina
Bought by
Flanagan Timothy and Flanagan Sharon
Seller's Agent
Eric Millstein
Soleil Sotheby's International Realty - A
Buyer's Agent
Julie Cicali
REAL-MARGATE
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Views
140
Current Estimated Value
$685,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,004
Avg. Annual Appreciation
18.81%

Purchase Details

Closed on
Jan 11, 2005
Sold by
Fredericks Carol
Bought by
Schloesser Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2004
Sold by
Snyder Gerald S and Snyder Karen M
Bought by
Schloesser Kenneth E and Fredericks Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2001
Sold by
Seif Patricia
Bought by
Snyder Gerald and Snyder Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6.88%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flanagan Timothy $440,000 Surety Title
Schloesser Eric $365,000 --
Schloesser Eric $365,000 --
Schloesser Eric $365,000 --
Schloesser Kenneth E $330,000 Congress Title Division
Snyder Gerald $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schloesser Eric $381,500
Previous Owner Schloesser Eric $292,000
Previous Owner Schloesser Kenneth E $231,000
Previous Owner Snyder Gerald $122,000
Previous Owner Snyder Gerald $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $440,000 -9.3% $128 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $485,000 0.0% $141 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $485,000 0.0% $141 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $485,000 0.0% $141 / Sq Ft
03/31/2014 03/31/14 Rented -- -- --
03/01/2014 03/01/14 Under Contract -- -- --
12/16/2013 12/16/13 For Rent -- -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,106 $263,800 $79,800 $184,000
2024 $9,106 $263,800 $79,800 $184,000
2023 $9,964 $263,800 $79,800 $184,000
2022 $9,964 $263,800 $79,800 $184,000
2021 $10,291 $263,800 $79,800 $184,000
2020 $10,378 $263,800 $79,800 $184,000
2019 $10,757 $270,000 $130,000 $140,000
2018 $10,882 $308,000 $133,000 $175,000
2017 $10,537 $308,000 $133,000 $175,000
2016 $11,889 $308,000 $133,000 $175,000
2015 $10,540 $308,000 $133,000 $175,000
2014 $12,555 $375,000 $200,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Eric Millstein

    Seller's Agent in 2023

    Eric Millstein

    Solei SIR Margate

    (609) 892-9947

    27 in this area

    159 Total Sales

    Eric Millstein
    Section Image
  • Julie Cicali

    Buyer's Agent in 2023

    Julie Cicali

    REAL-MARGATE

    (856) 979-7673

    7 in this area

    50 Total Sales

    Julie Cicali
    Section Image

  • J

    Seller's Agent in 2014

    JEAN GIBBONS

    MARKETPLACE REALTY

    (609) 457-6973

    2 Total Sales

    JEAN GIBBONS
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    CHARLENE POLAKOFF

    Solei SIR Margate

    (609) 432-4017

    1 Total Sale

    CHARLENE POLAKOFF
    Section Image
  • Catherine Burke

    Buyer's Agent in 2014

    Catherine Burke

    Solei SIR Margate

    (609) 377-9582

    11 Total Sales

    Catherine Burke
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 563424

South Jersey Shore Regional MLS

APN: 02-00215-0000-00001

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

39 N Newton Place, Atlantic City, NJ

This home is located at 39 N Newton Place, Atlantic City, NJ 08401 since 26 May 2022 and is currently estimated at $685,004, approximately $199 per square foot. 39 N Newton Place is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and St. James Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes